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Hanoi records US$109 million in FDI in Jan-Feb

Hanoi attracts US$109 million in foreign direct investment (FDI) in the first two months of 2018, it was reported at a meeting of the municipal People’s Committee and departments on February 27. 

The People’s Committee also said that the city posted good growth in many sectors, including industrial production, sales of goods and services, import-export and tourism. 

Source: cafef.vn
The committee’s Chairman Nguyen Duc Chung requested relevant agencies to continue creating favourable conditions for investors. 

He said the city ensured a joyful and safe Lunar New Year holiday for residents, noting that local agencies and authorities promptly set to work immediately after the holiday. 

The chairman announced that the People’s Committee will conduct an inspection of operations at all public offices of the city, in order to prevent delay in handling documents, especially in sensitive fields such as planning and investment. The city will also accelerate the launch of more online public services, focusing in the fields of justice, labour and social affairs.

Other tasks include the planting of trees to realise the target of 1 million trees along streets and in parks and public places, and the development of diverse tourism products. 

The capital city welcomed nearly 375,000 visitors during the week-long Tet (Vietnamese New Year) festival from February 14 to 20, including 120,000 international tourist, up 13% and 30%, respectively from the same period last year. 


 The local tourism industry estimated to earn more than VND1.28 trillion (US$56.5 million) during the biggest holiday of the year, up 19% year on year.

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